Easements in the Long Beach Island NJ Real Estate Market
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LBI Real Estate Easement 
LBI Real Estate Easement 
LBI Real Estate Easement
Long Beach Island Real Estate
An easement in the Long Beach Island NJ real estate market refers to a right of way on a property. An easement will allow access to a property or to the ocean or bay without any ownership rights to the property. Easements can take many forms and have many different applications, but the most common forms in the LBI real estate market are to access either the bay or ocean and to access a land-locked parcel of property. Therefore, understanding easements and how they can impact a home’s value is a critical tool for both buyers and sellers in the Long Beach Island real estate market.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
LBI Real Estate Easement
One of the most discussed easements in the LBI real estate market is found in Loveladies and North Beach. It is common to need an easement (usually secured by a deed restriction) to access the ocean or the bay. A property owner is generally regulated to use one of the public beach access points without such an easement. Easements are also commonly found for “interior” oceanfront lots without any direct frontage on the street. Since these homes lack street frontage, an easement is needed over a neighbor’s property to access the home in question. It is important to understand the difference between an easement (which is a right of way with no ownership) and a flag lot (in which the interior lot owns the property that fronts on the street). Since an easement does not afford any ownership rights, a flag lot will usually be more valuable as the property owner can improve the land according to the town code. When buying or selling a home in the LBI real estate market, it is essential to understand how an easement can impact a home’s value. Every situation is different, so it is best to evaluate an easement’s value on a case-by-case basis-but make no mistake, easements can and do impact the value of a home.
Easements in the Long Beach Island NJ Real Estate Market
Easements in the Long Beach Island real estate market are a common occurrence. They are usually straightforward and easy to understand. Still, there are situations where they can be more complex and require an in-depth analysis to understand their rights. Since easements can impact a home’s value on Long Beach Island, buyers and sellers owe it to themselves to understand them. If you have any questions about buying, selling or investing in the LBI real estate market, please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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